The latest analysis and commentary by stock market guru Rajat Bose on what is moving the markets today.
He also spoke at length on KNR Construction, Tata Elxsi, Godrej Consumer Products, Just Dial, Reliance Industries, Zee Entertainment.
On specific stocks, Bose said, “I have chosen three stocks; all three stocks are a buy. There are stocks that are showing good traction and Reliance Industries is one of them. I would put a stop loss below Rs 1,114 and target would be Rs 1,132 and Rs 1,138. Zee Entertainment I would put a stop loss below Rs 455 for a target of Rs 469. Just Dial is a good end of settlement play. Rs 494.90 is your stop loss and Rs 512 and Rs 515 are the two targets. Disclosure has it that I hold some shares of Just Dial and Reliance Industries in my investment portfolio.”
“I have chosen three stocks. Godrej Consumer Products I would put a stop loss below Rs 798.80, Rs 817.50 and Rs 825 are the two targets. Tata Elxsi Rs 1,022, Rs 1,029 and Rs 1,037 are my targets it is actually reversing its downtrend Rs 998.80 is my stop loss. Finally a positional call KNR Construction has been performing even when the market was going down. I would put a stop loss below Rs 214 and targets would be Rs 233 and Rs 239. Today I am expecting it to test Rs 225-226 levels.”
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